Vietnam Price Index Up 19.78% in May

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May 24th, 2011, from The Wall Street Journal. HANOI—Vietnam’s consumer price index in May was up 19.78% from a year earlier, its biggest jump since December 2008, the General Statistics Office said Tuesday.

But compared with April, the index was up 2.21%, a slowdown from the previous month’s pace. April prices were up 3.32% from March. May’s rise was driven by increases in the prices of food and foodstuffs, education services, housing and building materials and transportation, the GSO said in a statement. The May index was up 12.07% from end-2010, it said. In April, the index was up 17.51% from a year earlier.

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